PETALING JAYA: Berjaya Assets Bhd
(BAssets) has entered into a joint venture (JV) agreement with HSHP Auto Technology Sdn Bhd and PG Car Centre (Northern Region) Sdn Bhd to subscribe for 51% stake in Berjaya Autotech Sdn Bhd, to develop and expand its automotive operations for a cash subscription of RM5.10mil.
In a filing with Bursa Malaysia, BAssets said the JV was inked via its wholly-owned subsidiary Berjaya Assembly Sdn Bhd (B-Assembly).
